故事代幣的急劇下降，僅在一個小時內25％，引發了人們對咒語崩潰的重複的擔憂。

最新的故事（IP）價格下跌使交易員關注咒語（OM）崩潰的重複。值得注意的是，4月14日，IP令牌從4.24美元下降到每日低點3.02美元。

A sharp decline of the Story token, 25% in just one hour, triggered concerns about a repeat of the Mantra crash.

故事代幣的急劇下降，僅在一個小時內25％，引發了人們對咒語崩潰的重複的擔憂。

Story (IP) token traders were left scratching their heads on April 14 as the latest price drop raised concerns over a repeat of the Mantra (OM) crash.

故事（IP）令牌交易者於4月14日留下了撓頭，因為最新的價格下跌引起了對咒語（OM）崩潰的重複的擔憂。

In particular, the IP token was trading down from $4.24 to a daily low of $3.02. As of press time, the token had recovered to $3.73. However, in just one hour, the token registered a 25% price drop.

特別是，IP令牌從4.24美元下降到每日低點3.02美元。截至發稿時，令牌已恢復到3.73美元。但是，在短短一小時內，令牌的價格下降了25％。

Moreover, traders on social media linked the Story crash to the recent Mantra token crash, which saw the token lose 90% of its value and $5 billion in market cap the same day.

此外，社交媒體上的貿易商將故事崩潰與最近的咒語令牌崩潰聯繫起來，該崩潰的崩潰使該代幣當天損失了其價值的90％和50億美元的市值。

According to crypto journalist Colin Wu, most of IP’s trading volume was concentrated in Binance Futures and OKX spot markets, the same platforms implicated in the Mantra crash. After the sudden drop, both exchanges issued conflicting explanations.

根據加密新聞記者Colin Wu的說法，IP的大部分交易量都集中在二元期貨和OKX現貨市場上，同一平台與咒語崩潰有關。突然下降後，兩次交流都發出了矛盾的解釋。

Lower liquidity can hurt projects like Story

流動性降低會傷害故事，例如故事

One Binance confirmed with Mantra CEO who blamed forced liquidations on several exchanges. These can happen in times of low liquidity, where sharp changes in prices on the futures market result in liquidations of big positions, which in turn put more pressure on the spot market.

一位Binance證實了Mantra首席執行官，該首席執行官將強迫清算歸咎於多次交流。這些可能發生在流動性低的時期，在這種情況下，期貨市場價格的急劇變化會導致清算的清算，這反過來又在現貨市場造成了更大的壓力。

However, OKX stated that Mantra made changes to its tokenomics model. The exchange also noted major token deposits to several centralized exchanges, an explanation that aligned more with that of independent investigators who claimed that insider selling was more likely.

但是，OKX表示，咒語對其令牌模型進行了更改。該交易所還指出了幾次集中交易所的主要代幣存款，這一解釋與獨立調查員的解釋更加一致，他們聲稱內部人士銷售更有可能。

For smaller projects like Story and Mantra, both low liquidity and insider selling can be a source of significant volatility.

對於諸如故事和咒語之類的較小項目，低流動性和內部銷售都可以成為大幅波動的來源。

According to a report by Kaiko research, the sudden crash of the Mantra token resulted in $21 million in liquidations of long positions, which exacerbated price pressures.

根據Kaiko Research的一份報告，咒語令牌的突然崩潰導致了2100萬美元的清算，這加劇了價格壓力。

While Story recovered, the sudden crash highlighted the volatility risks of smaller tokens. In a situation of low liquidity, a few big trades can cause major price moves.

當故事恢復時，突然的崩潰突顯了較小令牌的波動風險。在流動性低的情況下，一些大交易可能會導致重大價格轉移。